22
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416 N 4th Street
About This Property
Half bathroom near kitchen.
Walk in pantry with hidden shelf door. Marble floors throughout. Fire place in open floor plan living space.
Air conditioned shed in back yard made into a living space.
Within very short walking distance to downtown and Beach. 1 hour to Orlando International Airport.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Listed by The Mortgage Project, Inc | $995,000 | |
| Listed by The Mortgage Project, Inc | |||
| Nov 3, 2025 | Price Decreased |
$949,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Increased |
$950,000
↑ $55K
(6.2%) | |
| Price Increased | |||
| Feb 9, 2025 | Price Decreased |
$895,000
↓ $205K
(18.6%) | |
| Price Decreased | |||
| Dec 10, 2024 | Relisted | $1,100,000 | |
| Relisted | |||
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About Convair Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017